$1,499,999

For sale

7 Sundew Lane, Richmond Hill (Oak Ridges Lake Wilcox) - Single Family for Sale

7 Sundew Lane, Richmond Hill (Oak Ridges Lake Wilcox), Ontario, L4E1C3

7 beds5 baths4 parking3,250 ft²38 × 130 ft (4,953 sq ft) lot sizeListed 12 days ago

Overview

This 7-bedroom, 5-bathroom home in Richmond Hill is for sale offering roughly 3,250 sq ft of space. It has been on the market 12 days, fresher than the Richmond Hill average of 46 days.

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Description

Welcome to 7 Sundew Lane, a beautiful and spacious family home nestled in the highly desirable Oak Ridges Lake Wilcox community of Richmond Hill! Offering 4 bedrooms, 5 bathrooms, and a fully finished basement with 3 additional bedrooms, this exceptional property is perfect for large or multi-generational families. Enjoy a bright and functional layout with generous living and entertaining spaces, including a walkout to a private backyard overlooking a peaceful conservation area, surrounded by nature and greenery. Convenient second-floor laundry adds comfort and practicality to everyday living. Featuring a double-car garage and a generously sized lot, this home offers the perfect combination of space, privacy, and convenience. Ideally located just minutes from Highway 404, GO Transit, beautiful Lake Wilcox, parks, scenic walking trails, and community centres. Enjoy easy access to popular restaurants, including Minami Sushi and Locale Aurora, as well as grocery stores such as Longo's, Greco's Food Centre, and Summerhill Market. A fantastic opportunity to enjoy comfortable family living in one of Richmond Hill's most sought-after communities! (id:66096)

Property Details

MLS®: N14110840
Property Type: Single Family
Bedrooms: 7
Beds (above / below): 4 above · 3 below
Bathrooms: 5
Half Baths: 1
Parking: 4
Interior Size: 3,250 ft²
Lot Size: 38 × 130 ft (4,953 sq ft)
Frontage: 38 ft
Storeys: 2
Basement: Finished, Apartment in basement, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Fireplace: Yes
Ownership: Freehold

Rooms

Main level

Living room: 4.93 x 4.57 meters
Kitchen: 3.47 x 4.45 meters
Dining room: 3.96 x 3.96 meters
Eating area: 3.04 x 4.14 meters
Family room: 4.26 x 5.48 meters

Basement

Kitchen
Living room

Second level

Primary Bedroom: 5.66 x 4.26 meters
Bedroom 2: 4.26 x 3.32 meters
Bedroom 3: 4.81 x 3.67 meters

Features

Appliances: Central Vacuum
Flooring: Hardwood, Carpeted, Ceramic
Foundation: Concrete
Exterior: Brick, Stone

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

12d

Richmond Hill (Oak Ridges Lake Wilcox) listings, avg age

46d

Price / ft²

$462

List price

$1.50M

Homes here sell faster than most markets

Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 97.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 7-bed single family in Richmond Hill (Oak Ridges Lake Wilcox) has been listed for 12 days, which is 34 days fresher than the city average of 46. Act while there is still low competition.

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Listed by RE/MAX EXCEL REALTY LTD. · BARMAK AZIZIMOGHADDAM

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L4E)

This home lists at $1,499,999, about 11.8× the local median household income of $127,000.

Carrying it typically needs a household income of about $293,002 (20% down, 25-yr amortization, stress-tested) — roughly 131% above the area median.

Median household income: $127,000
Population: 54,606
Median age: 40.4
Owner / renter: 87% / 13%
Avg. household size: 3.3

Source: Statistics Canada, 2021 Census (FSA L4E)

$1,499,999· $462/ft²

For sale

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Full Cost Breakdown

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Down Payment8.33% · $124,999.90

Min 8.33%50%

Mortgage payment$7,623/mo

↳ CMHC premium ($55,000 capitalized)

Property tax (est.)$677/mo

Total monthly$8,300

Cash Needed to Close

Down payment (8.33%)$125,000

Land transfer tax$26,475

Est. closing costs$7,000

Total cash needed$158,475

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